$660,000
$660,000
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1173 NW 29th St Miami, FL 33127
1,586 SqFt
Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,586 sqft
Price per Sqft $416
Subdivision Santa Clara Sub
MLS Listing ID A11574836
Sold Date 09/30/24
Construction Status Resale
HOA Y/N No
Year Built 1935
Annual Tax Amount $1,479
Tax Year 2023
Contingent Other
Property Description
Fantastic Find! PERFECT FOR OWNER OCCUPIED OR INVESTOR. this Duplex with Huge Income Potential. Both units are spacious, plus an additional 1/1 studio with parking up to 6 cars. Large private Fenced yards. All the units are occupied by long term tenants. OWNER PAY UTILITIES, UNCLUDING WATER. PROJECTED ANNUAL GROSS INCOME Is around $81,000.00. Annual Expenses includes: Taxes $1,430.00; Insurance $6,700.00; Internet $1,080.00; FPL (2 METERS) APROX $4,716.00; WATER BILL $800.00 TOTALING $14,726.00. PROJECTED NOI $66,274.00 POTENTIAL 8% CAP RATE! GREAT RENTAL POTENTIAL. Property is LOCATED MINUTES to Downtown Miami, Wynwood, Miami District Design. Close to Highway I-95, easy access to Palmetto 826.
Location
State FL
County Miami-dade
Community Santa Clara Sub
Area 31
Direction USE GPS
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Other
Exterior
Exterior Feature Other, Patio
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Porch Patio
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Brick,Block
Construction Status Resale
Others
Tax ID 01-31-26-036-1420
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Premium Estates Realty Corp